Armour Residential REIT Declares $0.24 Monthly Dividend for March
Armour Residential REIT, Inc. (NYSE: ARR), a mortgage REIT focused on agency mortgage-backed securities, announced a $0.24 monthly dividend for March 2026. The dividend yields 16.6% at the current stock price of $17.40.
Armour Residential REIT, Inc. (NYSE: ARR), a mortgage REIT focused on agency mortgage-backed securities, announced a $0.24 monthly dividend for March 2026. The dividend yields 16.6% based on the company's common stock price of $17.40 as of January 31, 2026. Read more dividend announcements.
Shareholders of record as of March 16, 2026 will receive the payment on March 30, 2026. The stock will trade ex-dividend on March 16, 2026.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.24 |
| Record Date | March 16, 2026 |
| Ex-Dividend Date | March 16, 2026 |
| Payment Date | March 30, 2026 |
| Current Yield | 16.6% |
Portfolio and Financial Position
As of January 31, 2026, Armour's total portfolio stood at $20.98 billion in market value. Agency mortgage-backed securities comprise 94.9% of the portfolio at $19.91 billion, with 30-year fixed rate pools representing 89.4% of total holdings.
The portfolio's largest concentrations are in 30-year 5.5% securities at $5.26 billion (25.1% of portfolio) and 30-year 6.0% securities at $4.01 billion (19.1% of portfolio). The portfolio carries a weighted average effective duration of approximately 3.93 years for the 30-year fixed rate pools.
The company reported debt-to-equity of 7.5 times and implied leverage of 7.8 times. Liquidity totaled $1.32 billion, representing 54% of total capital.
Financing Structure
Armour's repurchase financing totaled $18.14 billion as of January 31, 2026. BUCKLER Securities LLC, a FINRA-registered broker-dealer majority-owned by Armour's external manager, provided 45.1% of repo positions at $8.19 billion with a weighted average remaining term of 23 days.
Other counterparties provided $9.95 billion in financing with a weighted average remaining term of 45 days. The overall weighted average remaining term for all repo positions was 35 days, with the longest maturity at 174 days.
Interest Rate Hedging
The company maintained $12.78 billion in notional interest rate swaps with a weighted average remaining term of 51 months and a weighted average rate of 2.49%. The largest position is $3.94 billion in swaps maturing in 25 to 36 months at a weighted average rate of 3.57%.
Armour is externally managed by ARMOUR Capital Management LP. The company stated it prioritizes maintaining common share dividends appropriate for the intermediate term rather than focusing on short-term market fluctuations.